OPEN-SOURCE SCRIPT
SJ Intraday Levels
SJ Intraday Levels
This indicator is designed specifically for intraday traders who rely on predefined price levels for structured decision-making. It provides a clean and distraction-free way to plot important horizontal levels such as resistance, support, and intermediate zones, along with optional daily separators for better session awareness.
🔹 Key Features
1. Intraday-Focused Design
* The indicator is optimized to work on intraday timeframes up to 5 minutes.
* Helps traders maintain consistency in lower timeframes where precision matters most.
2. Custom Horizontal Levels
* Users can manually define:
* Resistance Levels (R1, R2) – plotted in red
* Intermediate Levels (B1, B2) – plotted in black
* Support Levels (S1, S2) – plotted in green
* Each group of levels can be independently enabled or disabled.
3. Smart Plotting Logic
* Levels are plotted only when a valid value is entered.
* If a level is left as default (`0.0`), it will not be displayed, keeping the chart clean and clutter-free.
4. Daily Separator with Day Labels
* Displays a vertical dotted line at the start of each new trading day.
* Automatically labels the day as MON, TUE, WED, etc.
* Helps visually segment trading sessions and improves context for intraday strategies.
5. Clean Visual Experience
* Minimalistic design to avoid unnecessary distractions.
* Fixed styling ensures consistent appearance across charts.
🔹 How to Use
1. Apply the indicator on 1-minute to 5-minute charts.
2. Enter your predefined levels based on your trading plan (e.g., previous day levels, supply/demand zones, VWAP deviations, OI data).
3. Enable or disable specific level groups as per your strategy.
4. Use the daily separator to identify session boundaries and align trades accordingly.
🔹 Use Cases
* Intraday breakout trading
* Mean reversion strategies
* Scalping with predefined zones
* Support & resistance-based trading systems
🔹 Notes
* This indicator does not generate buy/sell signals. It is a visual aid to support your existing trading strategy.
* Works best when combined with proper risk management and a well-defined trading plan.
🔹 Open Source
This script is published as open-source for learning and customization purposes.
Feel free to modify and enhance it according to your trading needs.
If you find it useful, consider sharing feedback or improvements with the community.
Disclaimer:
This tool is for educational purposes only and does not constitute financial advice. Trading involves risk, and users should perform their own analysis before making trading decisions.
This indicator is designed specifically for intraday traders who rely on predefined price levels for structured decision-making. It provides a clean and distraction-free way to plot important horizontal levels such as resistance, support, and intermediate zones, along with optional daily separators for better session awareness.
🔹 Key Features
1. Intraday-Focused Design
* The indicator is optimized to work on intraday timeframes up to 5 minutes.
* Helps traders maintain consistency in lower timeframes where precision matters most.
2. Custom Horizontal Levels
* Users can manually define:
* Resistance Levels (R1, R2) – plotted in red
* Intermediate Levels (B1, B2) – plotted in black
* Support Levels (S1, S2) – plotted in green
* Each group of levels can be independently enabled or disabled.
3. Smart Plotting Logic
* Levels are plotted only when a valid value is entered.
* If a level is left as default (`0.0`), it will not be displayed, keeping the chart clean and clutter-free.
4. Daily Separator with Day Labels
* Displays a vertical dotted line at the start of each new trading day.
* Automatically labels the day as MON, TUE, WED, etc.
* Helps visually segment trading sessions and improves context for intraday strategies.
5. Clean Visual Experience
* Minimalistic design to avoid unnecessary distractions.
* Fixed styling ensures consistent appearance across charts.
🔹 How to Use
1. Apply the indicator on 1-minute to 5-minute charts.
2. Enter your predefined levels based on your trading plan (e.g., previous day levels, supply/demand zones, VWAP deviations, OI data).
3. Enable or disable specific level groups as per your strategy.
4. Use the daily separator to identify session boundaries and align trades accordingly.
🔹 Use Cases
* Intraday breakout trading
* Mean reversion strategies
* Scalping with predefined zones
* Support & resistance-based trading systems
🔹 Notes
* This indicator does not generate buy/sell signals. It is a visual aid to support your existing trading strategy.
* Works best when combined with proper risk management and a well-defined trading plan.
🔹 Open Source
This script is published as open-source for learning and customization purposes.
Feel free to modify and enhance it according to your trading needs.
If you find it useful, consider sharing feedback or improvements with the community.
Disclaimer:
This tool is for educational purposes only and does not constitute financial advice. Trading involves risk, and users should perform their own analysis before making trading decisions.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.